15689 SW 106th Lane 705, Miami, FL 33196

$310,000 · Active

  • 2 beds
  • 2 baths
  • 947 sq ft
  • Condominium
  • Built 1988
  • HOA $891/mo
  • 2 garage spaces
  • Miami-Dade County
  • MLS# A12098274
  • Vista Lago At The Hammock
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About this home

Attention Investors! Turnkey investment opportunity in the highly sought-after community of Vista Lago, located within the prestigious Hammocks association. Currently rented at $2,400 per month, this spectacular 2-bedroom, 2-bathroom (2/2) residential unit, located at 15689 SW 106th Ln, Unit 705, features an efficient split floor plan with beautiful laminate flooring throughout. Designed to maximize space, privacy, and natural light, the unit comes fully equipped with modern stainless steel appliances and an in-unit washer and dryer. It conveniently includes two assigned parking spaces and pets are allowed. Showing requires a 24-hr notice.This property stands out for its exceptional contractual stability, featuring a secured lease agreement in place with a reliable tenant that expires on December 31, 2027. This rare long-term lease offers unparalleled peace of mind and guaranteed immediate cash flow for the savvy investor, shielding your investment from unexpected market vacancies.The gated Vista Lago community offers a strategic location with quick access to major highways, shopping centers, top-rated schools, and beautiful Hammocks recreational amenities. The unit is subject to two separate HOA fees: a monthly fee of $891.78 and a quarterly fee of $212.38, ensuring a safe, clean, and beautifully maintained environment. Do not miss out on this hassle-free addition to your real estate portfolio! It is an excellent, truly low maintenance pick for passive income generation.

Features

Schools

  • Elementary: Dr. Gilbert L. Porter
  • Middle: Hammocks
  • High: Felix Varela

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Stonewater Global Realty · gus@stonewaterglobal.com · Listing agent: Graciela Bermudez

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 15689 SW 106th Lane 705.

Questions About 15689 SW 106th Lane 705

How much is 15689 SW 106th Lane 705?
15689 SW 106th Lane 705 is listed at $310,000, which is about $327 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 15689 SW 106th Lane 705?
The listing reports an association fee of $891 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 15689 SW 106th Lane 705?
The listing reports annual property taxes of $3,343 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 15689 SW 106th Lane 705 built?
15689 SW 106th Lane 705 was built in 1988 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 15689 SW 106th Lane 705 been on the market?
15689 SW 106th Lane 705 has been listed for 18 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 15689 SW 106th Lane 705?
The MLS lists Dr. Gilbert L. Porter (elementary), Hammocks (middle), Felix Varela (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 15689 SW 106th Lane 705?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 2 bedroom condo at 9440 W Flagler Street 106, Miami, FL 33174 is comparable and listed for sale at $310,000. Another comparable condo, 4242 NW 2nd Street 807, Miami, FL 33126, sold for $297,000 in October 2026. Miami neighborhoods include Westwood Lake and Downtown Miami. Nearby ZIP codes include 33125 and 33126. This property also neighbors Pinecrest, South Miami, and Coral Gables. Compare it with the Miami housing market report.